SSRM vs. TMQ
SSRM (SSR Mining Inc.) and TMQ (Trilogy Metals Inc.) are both stocks. Both are in the Basic Materials sector — SSRM in Gold, TMQ in Other Industrial Metals & Mining. Over the past 10 years, SSRM returned 8.01%/yr vs 18.21%/yr for TMQ. At a 0.18 correlation, their price movements are largely independent.
Performance
SSRM vs. TMQ - Performance Comparison
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Returns By Period
In the year-to-date period, SSRM achieves a 24.13% return, which is significantly higher than TMQ's -25.99% return. Over the past 10 years, SSRM has underperformed TMQ with an annualized return of 8.01%, while TMQ has yielded a comparatively higher 18.21% annualized return.
SSRM
- 1D
- 8.62%
- 1M
- -12.08%
- 6M
- 11.38%
- YTD
- 24.13%
- 1Y
- 118.03%
- 3Y*
- 23.08%
- 5Y*
- 12.77%
- 10Y*
- 8.01%
- ALL TIME*
- 6.56%
TMQ
- 1D
- 7.05%
- 1M
- -15.83%
- 6M
- -44.33%
- YTD
- -25.99%
- 1Y
- 65.28%
- 3Y*
- 80.57%
- 5Y*
- 8.01%
- 10Y*
- 18.21%
- ALL TIME*
- -0.02%
SSRM vs. TMQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSRM SSR Mining Inc. | 24.13% | 214.94% | -35.32% | -29.94% | -10.02% | -10.90% | 4.41% | 59.31% | 37.54% | -1.46% |
TMQ Trilogy Metals Inc. | -25.99% | 271.55% | 169.77% | -21.82% | -66.67% | -17.50% | -23.08% | 50.29% | 58.72% | 114.95% |
Correlation
The correlation between SSRM and TMQ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2012 | 0.18 |
Over the past year, SSRM and TMQ have become more correlated (0.47) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
SSRM:
$5.65B
TMQ:
$551.06M
SSRM:
$3.26
TMQ:
-$0.30
SSRM:
1.34
TMQ:
4.75
SSRM:
$1.90B
TMQ:
$0.00
SSRM:
$643.76M
TMQ:
$0.00
SSRM:
$835.27M
TMQ:
-$49.85M
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Return for Risk
SSRM vs. TMQ — Risk / Return Rank
SSRM
TMQ
SSRM vs. TMQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) and Trilogy Metals Inc. (TMQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SSRM | TMQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 0.91 | +2.88 |
| Martin ratioReturn relative to average drawdown | 8.80 | 1.25 | +7.54 |
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Drawdowns
SSRM vs. TMQ - Drawdown Comparison
The maximum SSRM drawdown since its inception was -91.68%, smaller than the maximum TMQ drawdown of -96.55%. Use the drawdown chart below to compare losses from any high point for SSRM and TMQ.
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Drawdown Indicators
| SSRM | TMQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.68% | -96.55% | +4.87% |
Max Drawdown (1Y)Largest decline over 1 year | -31.28% | -71.98% | +40.70% |
Max Drawdown (3Y)Largest decline over 3 years | -73.41% | -71.98% | -1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -83.16% | -83.79% | +0.63% |
Max Drawdown (10Y)Largest decline over 10 years | -83.16% | -88.01% | +4.85% |
Current DrawdownCurrent decline from peak | -37.49% | -69.91% | +32.42% |
Average DrawdownAverage peak-to-trough decline | -57.08% | -71.90% | +14.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.47% | 52.28% | -38.81% |
Volatility
SSRM vs. TMQ - Volatility Comparison
SSR Mining Inc. (SSRM) has a higher volatility of 16.36% compared to Trilogy Metals Inc. (TMQ) at 15.23%. This indicates that SSRM's price experiences larger fluctuations and is considered to be riskier than TMQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSRM | TMQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.36% | 15.23% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 56.51% | 59.54% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.18% | 235.29% | -167.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.48% | 128.52% | -72.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.13% | 101.14% | -48.01% |
Dividends
SSRM vs. TMQ - Dividend Comparison
Neither SSRM nor TMQ has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% |
TMQ Trilogy Metals Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SSRM vs. TMQ - Financials Comparison
This section allows you to compare key financial metrics between SSR Mining Inc. and Trilogy Metals Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SSRM and TMQ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSRM has higher volatility (16.36%) compared to TMQ (15.23%). In terms of maximum drawdown, SSRM dropped -91.68% vs TMQ's -96.55%.
SSRM currently has the higher Sharpe Ratio (1.75 vs 0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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